The Efficient Diffusion of Steel Technology Across Nations

David Tarr

Journal of Public Policy, 1985, vol. 5, issue 4, 541-560

Abstract: This paper attempts to explain what influenced efficient decisions in the adoption of important technology in the steel industry. An index of efficient decisions for the adoption of the basic oxygen furnace and for continuous casting is discussed theoretically and then empirically developed for the steel industries of 28 and 27 countries respectively. Statistical tests are performed to determine the influence of government ownership of the steel industries, central planning of the economies and involvement in international competition on efficient decisions regarding technology adoption. The tests reveal that both government ownership and central planning retarded efficient decisions regarding the adoption of technology.

Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jnlpup:v:5:y:1985:i:04:p:541-560_00

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